Harbor Orthopaedic Research & Edu Fund

Nonprofit profile at a glance

EIN
932626332
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Torrance, CA, USA
Phone
4243067870
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$82,658
Expenses
$65,647
Assets
$229,259

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • Kevin Rolfe MD (President)

People named in this filing

  • Kevin Rolfe MD (President)
  • Ronald Smith MD (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide orthopaedic research and education support at the Harbor-UCLA Medical Center. This includes suporting the Annual Orthopaedic Scientific Program held over two-day program at the end of the academic year. Also sponsoring a visiting professorship annually and provides financial support for Orthopaedic resident research. The Organization also supports resident travel for the purpose of presenting research work at regional, national and international meetings.

What it reported doing in 2024

To provide orthopaedic research and education support at the Harbor-UCLA Medical Center. This includes supporting the Annual Orthopaedic Scientific Program held over two-day program at the end of the academic year. Also sponsoring a visiting professorship annually and provides financial support for Orthopaedic resident research. The Organization also supports resident travel for the purpose of presenting research work at regional, national and international meetings.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.4%; rating input score 79
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 20.6%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 3.49; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 133.6% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 130.1% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 79.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $66K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Officer compensation ratio scored 56/100.